September 15, 2025

Stocks in the UAE rose significantly, especially in Dubai, as rising oil prices coupled with expectations of a U.S. Federal Reserve interest rate cut later this month encouraged investors. Key movers were Emaar Properties and Emirates NBD, while oil’s upward movement reflected concerns about supply disruptions overseas.   Source: Reuters

Saudi Arabia’s Aramco raised $3 billion through a sukuk issuance — split evenly between 5-year and 10-year tranches, offering yields of about 4.125% and 4.625% respectively. Despite regional geopolitical tensions, demand was strong: the order book exceeded $16.85 billion, with peak orders above $20 billion. Proceeds are for general corporate purposes.   Source: Reuters

Regional stock markets in the Middle East saw modest gains driven by bargain-hunting, amid softer U.S. labor data that bolstered hopes for interest rate cuts. However, Saudi Arabia’s main index dropped slightly (-0.2%) and is closing in on a two-year low, with key names like Al Rajhi Bank & ACWA Power under pressure. Qatar’s market,

ALEC Holdings, a large Dubai engineering & construction company, plans to offer 20% of its shares (1 billion shares) in an IPO. The share sale will run from September 23 to 30, with the stock expected to begin trading on Dubai Financial Market on October 15. The IPO aims to raise around $400 million, and the parent firm (Investment Corporation